CEDAR PARK — The Cedar Park City Council voted Thursday night to enter into negotiations with RedLeaf Properties to be the master developer for the Bell Boulevard redevelopment project.
The project, on Bell Boulevard between Buttercup Creek Boulevard and Park Street, will be a 40-acre, mixed-use development with retail, restaurant, office and residential space, and will also include the 12-acre Buttercup Creek Natural Area.
A committee that included Mayor Corbin Van Arsdale, Mayor Pro Tem Anne Duffy, Council Member Mel Kirkland and city staff recommended RedLeaf to the council because of the company’s support to make the project a community gathering place for city-wide celebrations and a destination with family friendly activities, a city news release said.
Van Arsdale said at the council meeting that the committee was impressed that RedLeaf representatives had put time into coming out to Cedar Park and getting to know the community. “It felt more like a relationship and less like a transaction,” said Van Arsdale.
Matt Whelan, the founder and principal of RedLeaf Properties, said at the meeting that his company wanted to create a destination that is a social hub for Cedar Park and brings a sense of identity for the city.
RedLeaf Properties is a commercial real estate company based in Austin whose past projects include the redevelopment of Highland Mall in Austin and La Frontera Plaza in Round Rock. The negotiations with RedLeaf Properties over the Bell Boulevard project will take place with the possible inclusion of a new library within the Bell Boulevard district, the release said.
The negotiations are expected to take several months.